London

Vintage wine worth £1m stolen in east London raid

Glass of wine
Image caption The vintage wine market in London is booming

Vintage wine worth £1m is being sought by police after about 400 cases were stolen in east London.

Thieves disabled alarms and CCTV before breaking into the warehouse in Bethnal Green on Sunday.

The raiders used a forklift truck to fill wooden pallets with the cases, the Metropolitan Police said.

Detectives believe the wine could be sold to private collectors or auction houses. Two men aged 40 and 50 have been arrested on suspicion of burglary.

Investigating officer Det Con Ash Rossiter said: "The stolen stock is rare and valuable.

"We would ask anyone with information or who is offered these goods for sale to contact us as soon as possible.

Some of the stolen wine was owned by private investors who have offered a £5,000 reward for return of a "substantial" part of the hoard.

The market for fine wine in London is booming despite the economic slowdown.

Last year the BBC found a bottle, thought to be London's priciest, on sale for £75,000.

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